credit card

March 14, 2019

Credit Card Balances End Year At Record High

U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]
November 9, 2018

Credit Card Chips Fail to Halt Fraud

New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud.  So […]
July 20, 2018

In the Know: A Primer on Personal Loans

Personal loans are the now the fastest growing consumer debt category, according to new data from credit bureau TransUnion.  Outstanding personal loan balances now stand at […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 18, 2018

Credit Card Issuers Prepare for Darker Days

A slump in U.S. consumer credit is inevitable, and the key question is when it will arrive.  The answer has big ramifications for the $1 trillion […]
May 23, 2018

Mortgage Delinquencies Improve But Face Pressure

Late payments on single-family home mortgages improved on a consecutive quarter basis as more recovery from Hurricanes Harvey and Irma took hold, but more potential loan […]
May 16, 2018

Credit Card Usage Hits All-Time High

Credit card use is higher than ever, debt levels are their highest in years, and delinquencies have ticked up, according to recently released TransUnion data.  “With […]
May 15, 2018

Has America’s Debt Load Reached a Tipping Point?

Americans are having more trouble paying their bills these days. Consumer debt experts say this is a red flag that could foreshadow a more widespread economic […]
May 4, 2018

11% of Credit Scores Just Increased

Starting last month, some consumers may have noticed a higher credit score.  Because of improved standards for utilizing new and existing public records, the three major […]